6320 RISING SUN AVENUE, Philadelphia, PA 19111

Commercial Property
Built in 1950
2,178sqft lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

Being sold as-is ONLY. Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now. Lower level unit has 2 bedrooms with a full-bath and kitchen. First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well. Second Floor has 2 bedrooms, 1 kitchen and a full bathroom. All separate entrances. Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net) Come check it out and put your money to work for you!

Listing Status:: Active
Listing Office:: Realty Mark Associates : 2153764444
Listing Agent:: Bosam A Cheung : 2156887798
MLS ID:: PAPH2495072

A/C: None
Heating: YHot WaterNatural Gas
Disability Feature: None

This listing courtesy of Bosam A Cheung, Realty Mark Associates

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Benjamin Franklin School

5735 Rising Sun Ave, Philadelphia, PA, 19120

Grades KG-8

0.62 miles away

Benjamin Franklin School

5735 Rising Sun Ave, Philadelphia, PA, 19120

Grades KG-8

0.62 miles away

Samuel Fels High School

5500 Langdon St, Philadelphia, PA, 19124

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.